Jeffrey Kvall

With the seemingly lackluster release of Apple Inc. (NASDAQ: AAPL)'s iPhone 7 on September 13 and the negative commentary surrounding the lack of a 3.5mm headphone jack, many investors were unsure how the tech giant’s latest release and the retail sales following it would impact the stock...

Nomura's Jeffrey Kvall reiterated Apple Inc. (NASDAQ: AAPL)'s Buy rating with a $120 price target, despite the company's growing cannibalization concerns. "The New iPhone launch has proven more robust than we expected," but cannibalization was a big factor in this, said Kvall. "We consider this a...